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Feature: Learning & Development


Helping your staff to


It’s a widely held belief that a company’s biggest asset is its people and while it is one thing having great employees, it’s another giving them the backing and the tools to reach their potential and do so while making a positive long-term impact on your organisation – and not somebody else’s. From an on-the-ground, practical perspective, employees are essential to the day-to-day running of operations at all levels of an organisation. Perhaps equally as important is that employees are custodians of a company’s values. Staff must embrace and be an embodiment of a company’s mission statement, customer charter, set of visions and corporate goals. Without buy-in, such statements, no matter how good they may sound, can lack credibility.


Indeed, in an ever-changing business world, the skillset of a business’s workforce can be the difference between a successful, productive organisation and one that falls behind. To stay competitive means you need good people with the right skills who, crucially, feel valued, appreciated and supported. Gone are the days when an employee is left to do his or her job with little thought or interest given as to how they can develop and enhance not just their own careers but also that of the business they represent. In an article originally published on LinkedIn, Alicia Williams, Senior Administrator, Human Resources, at the Bermuda Monetary Authority, states: “In an effort to keep their top talent, many organisations have opted to re-invest in their human capital, that is, the knowledge, level of skills, and abilities of the workforce.


“Following the initial hiring of these employees, companies are now seeking to equip their workforce with the materials needed to grow and develop as benefactor to the growth of the establishment.


“Companies have come to the realisation that investing in their human capital in the form of training and development yields high returns. It is the power of a knowledgeable workforce that can assure the survival of a company.”


A great example of staff development and long- term thinking can be found in this quote from


38 East Midlands Chamber Directory 2018


thrive…


Thomas John Watson Sr, former Head at IBM: “Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?


This sense of a partnership between employer and employee is almost dating site-esque in its approach, with both parties looking for common ground and evidence that a match is a great long term fit. Staff development and, specifically, training, is clearly a huge driver in harnessing loyalty. The Association of Accounting Technicians (AAT) states in its Want your staff to stay? Make training a priority document that “Over half (51%) of employers believe a main benefit of improving staff qualifications and skills is increased staff commitment and retention” and that “88% of workers said there was nothing wrong with staying in the same job for long periods, as long as there are opportunities to develop, up from 80% in 2007”.


Learning and development is increasingly seen as a crucial part of an organisation’s strategy, an investment in people that ultimately translates to success and stability for the business. It shows that a tailored career plan and/or training schedule can help workers feel valued and in a career that is upwardly mobile and progressive: that they are in the right place at the right time as far as their careers are concerned. If an employee does indeed choose to leave, there is often an exit interview to ascertain why this decision has been taken and to work out whether a disparity between the values of the employee and the company has occurred and whether anything can be gleaned and taken forward as part of the future recruitment process.


Find, train, retain - just three words - but they can and should be the bedrock of any professional organisation.


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